A popular crypto analyst thinks one top-10 altcoin is on the verge of another rally.

The pseudonymous analyst known as Altcoin Sherpa tells his 240,300 followers on the social media platform X that XRP‘s next leg is loading.

XRP is trading at $3.17 at time of writing. The 3rd-ranked crypto asset by market cap is up more than 5% in the past week.

Altcoin Sherpa also thinks Bitcoin (BTC) is loading a “god candle” that will take its price to $120,000.

BTC is trading at $103,254 at time of writing. The top-ranked crypto asset by market cap is down more than 2.5% in the past 24 hours but up more than 3% in the past week.

Altcoin Sherpa also maps a potential path forward for XRP rival Stellar (XLM).

“You can see a multi-year consolidation box in green followed by an explosive move and then down. I suspect we’re going to see one last exit pump for these types of coins; I don’t know if it breaks the former all-time high, but it should still go higher than now.”

XLM is trading at $0.427 at time of writing. The 18th-ranked crypto asset by market cap is down nearly 4% in the past 24 hours and nearly 10% in the past week.

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Crypto Analyst Says Top-10 Altcoin on Cusp of Its Next Rally, Updates Outlook on Bitcoin and Stellar Lumens appeared first on The Daily Hodl.

A popular crypto analyst thinks one top-10 altcoin is on the verge of another rally.

The pseudonymous analyst known as Altcoin Sherpa tells his 240,300 followers on the social media platform X that XRP‘s next leg is loading.

XRP is trading at $3.17 at time of writing. The 3rd-ranked crypto asset by market cap is up more than 5% in the past week.

Altcoin Sherpa also thinks Bitcoin (BTC) is loading a “god candle” that will take its price to $120,000.

BTC is trading at $103,254 at time of writing. The top-ranked crypto asset by market cap is down more than 2.5% in the past 24 hours but up more than 3% in the past week.

Altcoin Sherpa also maps a potential path forward for XRP rival Stellar (XLM).

“You can see a multi-year consolidation box in green followed by an explosive move and then down. I suspect we’re going to see one last exit pump for these types of coins; I don’t know if it breaks the former all-time high, but it should still go higher than now.”

XLM is trading at $0.427 at time of writing. The 18th-ranked crypto asset by market cap is down nearly 4% in the past 24 hours and nearly 10% in the past week.

 

Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

Generated Image: Midjourney

The post Crypto Analyst Says Top-10 Altcoin on Cusp of Its Next Rally, Updates Outlook on Bitcoin and Stellar Lumens appeared first on The Daily Hodl.